
SKF AB
STO:SKF B

SKF AB
Other Long-Term Assets
SKF AB
Other Long-Term Assets Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Other Long-Term Assets | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
![]() |
SKF AB
STO:SKF B
|
Other Long-Term Assets
kr5.9B
|
CAGR 3-Years
11%
|
CAGR 5-Years
3%
|
CAGR 10-Years
N/A
|
|
![]() |
Sandvik AB
STO:SAND
|
Other Long-Term Assets
kr4.1B
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
![]() |
Atlas Copco AB
STO:ATCO A
|
Other Long-Term Assets
kr4B
|
CAGR 3-Years
31%
|
CAGR 5-Years
23%
|
CAGR 10-Years
10%
|
|
![]() |
Alfa Laval AB
STO:ALFA
|
Other Long-Term Assets
kr2.7B
|
CAGR 3-Years
-6%
|
CAGR 5-Years
5%
|
CAGR 10-Years
3%
|
|
![]() |
Indutrade AB
STO:INDT
|
Other Long-Term Assets
N/A
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
![]() |
Trelleborg AB
STO:TREL B
|
Other Long-Term Assets
kr525m
|
CAGR 3-Years
-40%
|
CAGR 5-Years
-11%
|
CAGR 10-Years
N/A
|
SKF AB
Glance View
SKF AB, founded in 1907 in Gothenburg, Sweden, by Sven Wingquist, revolutionized the mechanical industry with its invention of the self-aligning ball bearing. This crucial innovation addressed misalignment issues in shafts and machinery, positioning SKF as a pioneer in the bearing technology sector. Over the decades, SKF has evolved into a global leader, not just manufacturing bearings but also offering an extensive range of related products and services. Its portfolio includes seals, lubrication systems, mechatronics, and a variety of services, all aimed at enhancing the efficiency and reliability of industrial machines, vehicles, and equipment across diverse industries. With operations in over 100 countries, SKF's adaptability to provide tailored solutions is a testament to its longstanding commitment to technological advancement. The core of SKF’s business model lies in leveraging its vast engineering expertise to cater to a broad spectrum of industrial needs. The company generates revenue not only from selling high-quality components but also by offering integrated maintenance services and condition monitoring solutions that promise long-term operational efficiency for its clients. SKF capitalizes on digital transformation by incorporating smart sensor technologies, enabling predictive maintenance and reducing downtime for customers. This fusion of product innovation with customer-centric service delivery remains central to SKF's strategy, driving sustainable growth while maintaining its status as a trusted global brand in enhancing machine reliability and performance. Through strategic investments in R&D and digital capabilities, SKF continues to push the boundaries of industrial performance, ensuring it stays ahead in a competitive global market.

See Also
What is SKF AB's Other Long-Term Assets?
Other Long-Term Assets
5.9B
SEK
Based on the financial report for Dec 31, 2024, SKF AB's Other Long-Term Assets amounts to 5.9B SEK.
What is SKF AB's Other Long-Term Assets growth rate?
Other Long-Term Assets CAGR 5Y
3%
Over the last year, the Other Long-Term Assets growth was 67%. The average annual Other Long-Term Assets growth rates for SKF AB have been 11% over the past three years , 3% over the past five years .